IDEAS home Printed from https://ideas.repec.org/a/ids/gbusec/v6y2004i1p55-81.html
   My bibliography  Save this article

Government policy, industrialisation and the investment development path: the case of Thailand

Author

Listed:
  • Anthony Bende-Nabende
  • Jim Slater

Abstract

This study investigates the interactive role government policy has played in influencing industrialisation and, hence, the pattern of the investment development path (IDP) of Thailand. We start by analysing how, until the 1997/8 financial crisis, the increasing attractiveness of Thailand's economy generated benefits from foreign direct investment (FDI) inflows. While its sources of comparative advantage were changing, financial deregulation lured Thailand into abandoning the necessary checks in the financial system thus instigating a financial crisis, which had dire effects particularly on the FDI outflows. Consequently, the traditional pattern of the IDP was disrupted. We conclude that Thailand can re-track into the traditional pattern of the IDP if it pursues the right policies.

Suggested Citation

  • Anthony Bende-Nabende & Jim Slater, 2004. "Government policy, industrialisation and the investment development path: the case of Thailand," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 6(1), pages 55-81.
    • Handle: RePEc:ids:gbusec:v:6:y:2004:i:1:p:55-81
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=6220
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:gbusec:v:6:y:2004:i:1:p:55-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=168 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.